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A put option on BHP shares has a strike price of $30 and trades at a current price of $3 with one month remaining to

A put option on BHP shares has a strike price of $30 and trades at a current price of $3 with one month remaining to expiry. The current stock price is $28. At expiry the stock price is expected to be $31. What is the intrinsic value of the option?

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